Empyrean Capital Partners, LP Q3 2025 Filing

Filed November 14, 2025

Portfolio Value

$2.5T

Holdings

86

Report Date

Q3 2025

Filing Type

13F-HR

All Holdings (86 positions)

#StockSharesValue% PortfolioType
1
AERAERCAP HOLDINGS NV
1,500,000$181.5B7.29%
2
SHELSHELL PLC
2,500,000$178.8B7.18%
3
BMTABRITISH AMERN TOB PLC
2,200,000$116.8B4.69%
4
MPCMARATHON PETE CORP
562,500$108.4B4.35%
5
PCGPG&E CORP
5,900,000$89.0B3.57%
6
TXNMTXNM ENERGY INC
1,442,554$81.6B3.27%
7
NMRKNEWMARK GROUP INC
4,360,150$81.3B3.26%
8
CVSCVS HEALTH CORP
1,042,500$78.6B3.15%
9
UNPUNION PAC CORP
332,000$78.5B3.15%
10
AAMIACADIAN ASSET MANAGEMENT INC
1,541,108$74.2B2.98%
11
COFCAPITAL ONE FINL CORP
308,000$65.5B2.63%
12
STZCONSTELLATION BRANDS INC
451,000$60.7B2.44%
13
LBRDKLIBERTY BROADBAND CORP
920,781$58.5B2.35%
14
CAHCARDINAL HEALTH INC
357,400$56.1B2.25%
15
OPTUALTICE USA INC
23,100,000$55.7B2.23%
16
ENVAENOVA INTL INC
441,564$50.8B2.04%
17
VTOLBRISTOW GROUP INC
1,276,000$46.0B1.85%
18
BL 1 06/01/29BLACKLINE INC
44,000,000$45.8B1.84%
19
SATSECHOSTAR CORP
570,000$43.5B1.75%
20
NGNOVAGOLD RES INC
4,893,566$43.1B1.73%
21
NSCNORFOLK SOUTHN CORP
136,500$41.0B1.65%
22
BCSSBAIN CAP GSS INVT CORP
3,990,000$40.3B1.62%
23
VSH 2.25 09/15/30VISHAY INTERTECHNOLOGY INC
42,000,000$38.0B1.53%
24
CCCXCHURCHILL CAP CORP X
2,640,000$34.0B1.36%
25
VSATVIASAT INC
1,138,000$33.3B1.34%
26
ANIP 2.25 09/01/29ANI PHARMACEUTICALS INC
23,000,000$32.3B1.30%
27
PD 1.5 10/15/28 *PAGERDUTY INC
32,500,000$31.8B1.28%
28
LBRDALIBERTY BROADBAND CORP
500,000$31.7B1.27%
29
AEIS 2.5 09/15/28ADVANCED ENERGY INDS
22,500,000$31.2B1.25%
30
PPTAPERPETUA RESOURCES CORP
1,517,953$30.7B1.23%
31
PSXPHILLIPS 66
216,800$29.5B1.18%
32
NIJNELNET INC
231,000$29.0B1.16%
33
CCIXCHURCHILL CAPITAL CORP IX
2,633,582$27.6B1.11%
3425,000,000$27.4B1.10%
35
KK0NEXTNAV INC
1,886,000$27.0B1.08%
36
ON 0.5 03/01/29ON SEMICONDUCTOR CORP
24,000,000$22.2B0.89%
37
TECK/BTECK RESOURCES LTD
500,000$21.9B0.88%
38
SIRISIRIUSXM HOLDINGS INC
905,623$21.1B0.85%
39
SBGISINCLAIR INC
1,144,493$17.3B0.69%
40
FWONALIBERTY MEDIA CORP DEL
175,771$17.0B0.68%
41
ALITALIGHT INC
4,930,000$16.1B0.65%
42
AMBPARDAGH METAL PACKAGING S A
4,000,000$16.0B0.64%
43
GTENGORES HLDGS X INC
1,475,000$15.1B0.60%
44
AEMAGNICO EAGLE MINES LTD
86,800$14.6B0.59%
45
AGIALAMOS GOLD INC NEW
391,300$13.6B0.55%
46
AMPH 2 03/15/29AMPHASTAR PHARMACEUTICALS IN
15,000,000$13.6B0.55%
47
AEXAAMERICAN EXCEPTIONALISM ACQU
1,230,000$13.4B0.54%
48
PENG 2 08/15/30PENGUIN SOLUTIONS INC
10,500,000$12.5B0.50%
49
TDSTELEPHONE & DATA SYS INC
300,000$11.8B0.47%
50
SDRLSEADRILL LTD
374,420$11.3B0.45%
51
ACICAMERICAN COASTAL INS CORP
940,500$10.7B0.43%
52
FTWEQV VENTURES AC CORP. II
1,000,000$10.0B0.40%
53
NGDNEW GOLD INC CDA
1,309,428$9.4B0.38%
54
VALVALARIS LTD
191,700$9.3B0.38%
55
OXYOCCIDENTAL PETE CORP
191,000$9.0B0.36%
56
FWONALIBERTY MEDIA CORP DEL
94,563$8.9B0.36%
57
SNCYSUN CTRY AIRLS HLDGS INC
732,042$8.6B0.35%
58
BPBP PLC
245,000$8.4B0.34%
59
OACCOAKTREE ACQUISITION CORP III
750,000$7.9B0.32%
60
SOCASOLARIUS CAPITAL ACQU CORP
700,000$7.4B0.30%
61
RACRITHM ACQUISITION CORP
716,485$7.3B0.29%
62
HNRGHALLADOR ENERGY COMPANY
354,476$6.9B0.28%
63
GLIBKGCI LIBERTY INC
184,156$6.9B0.28%
64
NXENEXGEN ENERGY LTD
751,000$6.7B0.27%
65
MAGNMAGNERA CORP
436,260$5.1B0.21%
66
AKAMAKAMAI TECHNOLOGIES INC
58,000$4.4B0.18%
67
EQTEQT CORP
71,600$3.9B0.16%
68
NENOBLE CORP PLC
137,000$3.9B0.16%
69
RRCRANGE RES CORP
101,300$3.8B0.15%
70
GLIBAGCI LIBERTY INC
99,999$3.8B0.15%
71
EXEEXPAND ENERGY CORPORATION
34,500$3.7B0.15%
72
ARANTERO RESOURCES CORP
101,400$3.4B0.14%
73
ULCCFRONTIER GROUP HLDGS INC
723,439$3.2B0.13%
74
CEPFCANTOR EQUITY PARTNERS IV IN
300,000$3.1B0.12%
75
HCQAMN HEALTHCARE SVCS INC
150,000$2.9B0.12%
76
CTRACOTERRA ENERGY INC
115,400$2.7B0.11%
77
CEPFCANTOR EQUITY PARTNERS III I
250,000$2.6B0.10%
782,500,000$2.4B0.10%
79
CRKCOMSTOCK RES INC
118,900$2.4B0.09%
80
FCRSFUTURECREST ACQUISITION CORP
175,000$1.9B0.07%
81
BDCIBTC DEV CORP
150,000$1.5B0.06%
82
TONXTON STRATEGY CO
192,621$1.4B0.05%
83
SABRSABRE CORP
400,000$732.0M0.03%
84
CCIXCHURCHILL CAPITAL CORP IX
440,000$343.2M0.01%
85
COCHWENVOY MEDICAL INC
75,000$2.8M0.00%
86
BENFWBENEFICIENT
100,000$1.4M0.00%